One Disadvantage of Government Subsidies Over Price Controls Is That

question 249

Multiple Choice

One disadvantage of government subsidies over price controls is that subsidies

• A)prevent the attainment of equilibrium in the markets in which they are imposed.
• B)make higher taxes necessary.
• C)are always unfair to those with low incomes.
• D)cause unemployment.

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Definitions:

Economic Benefits

The advantages or gains that are derived from specific economic actions, decisions, or policies.

Wildlife Habitats

Natural environments where various species of plants and animals live and interact.

Erosion Prevention

Erosion prevention involves strategies and practices aimed at stopping soil erosion to protect land and water resources.

Oxygen Production

The process by which organisms, primarily plants and algae, produce oxygen as a byproduct of photosynthesis.